team ya nguvu

Me, 100yrs old

Archives

Ghana Financial market…at a glance

Archer, am not being paid for blogging (i wish i was….who do i need to talk to?)….. Right about now I just feel the blogojuice really flowing….. and i have excess access to free internet both at office & hotel. The Key word here is FREE!

So this post is specifically for Bankelele – and yes i know, its totally unlike me (and way out of my league).

Banks, let me know how we (kenya) compare.

Stock Market (last week)

Opening GSE index: 10,342.54

Closing GSE indes: 10,345.12

Change year to date: 56.75%

GCS – cedi index

Previous (26/06) 109.90

current (27/06) 110.07

Change year to date: 5.99%

Change base year to date: 10.07%

Treasury bills rates

91 Day bill 16.32

182 day bill 17.13

1 yr note 16.50

2 yr fixed rate note 16.50

2008 Macroeconomic targets

GDP: 7%

EOY inflation target 7%

Interest rates

Inflation rate (May08) 16.88%

BoG Prime rate (May08) 16%

Forex (Buy/Sell)

GBP Ghs 2.04/2.10

USD Ghs 1.03/1.08

EUR Ghs 1.61/1.69

CFA Franc Ghs 2.40/2.60

Source: Business & Financial Times

How is that? Should i do more of these? Or I just go to back to X-rated material? LOL

BTW banks, Last week performance of the GSE was not the best by its own standards this year. A year to date change of 56.87% is highly regarded when compared to the performances previous years. See below approx figures
2005 (-)15%
2006 1%
2007 5%

[…] Cautionary tales on life insurance from Tujuane- Peer pressure: tales of GDP growth of rates of 8% in Ghana and 21% in Angola – Link to a puff piece in memory of the former finance minister-US Airways to […]

Here are 3 suggestions you need to use any time trying to find the most effective on the net online
casino in the usa supplied on the web. Deciding to consider a new procedure for the standard frosty menu layout, online casino
in the usa used a food selection style where by every class is often a constructing in the area of online casino in the usa.

Here are 3 suggestions you need to use any time trying to find the most effective on the net online casino in the usa supplied on the web.
Deciding to consider a new procedure for the
standard frosty menu layout, online casino in the usa used a food selection style where
by every class is often a constructing in the area of online casino in the usa.

[…] Cautionary tales on life insurance from Tujuane- Peer pressure: tales of GDP growth of rates of 8% in Ghana and 21% in Angola – Link to a puff piece in memory of the former finance minister-US Airways to […]